I bonds
i’m going to put money into I bonds. Should i do the max now, or do half now and gamble and do the other half later in the year?
Terry Says
No, that’s not the way it works! You get the current rate for a full six months. When a new rate is set in May, it will apply to your bonds AFTER you earn the current 6.89% for 6 months. Then you’ll get the new rate that will be set in May for the next 6 months.
I think you’d better read this article before you invest: https://www.terrysavage.com/i-bonds-everything-you-must-know/
